March 25

Discord access link: https://discord.gg/UPbu6PZFDp

Today we saw a large gap to the upside followed by a move to the 5823 BZ level. With this move we saw a breakout above the prior week’s range and a breakout above the 6-Day Balance Area that we had between the 5647 and 5764 Balance Zone levels.

• Going into tomorrow’s session I will be monitoring for continuation of today’s buying. I will bel looking for longs above the 5800 psychological level or above 5823. The short-term target to the upside will be 5852 followed by 5881.

• For sellers it’s all about trading below today’s low in order to prevent continuation of Daily One Time Framing. Trading below 5764 could give us a move back to Friday’s high which will fill the gap. Trading below 57000 could then take us back to 5647 since it will be a “Balance Area breakout failure”.

Monday’s Value Area

VAH 5817.00
POC 5814.75
VAL 5800.00

Bullish Scenarios:

• Longs above 5800 or 5823 targeting 5852 followed by 5881.

Bearish Scenarios:

• Shorts below 5790 targeting 5764.

• Shorts below 5764 targeting 5735 followed by 5705.

• Shorts below 5700 targeting 5647.

Nasdaq:

• Longs above 20,372.00 targeting 20,585.00.

• Shorts below 20,200.00 targeting 19,900.00 followed by 19,718.00.